{"id":347,"date":"2008-03-13T15:59:10","date_gmt":"2008-03-13T20:59:10","guid":{"rendered":"http:\/\/club.ino.com\/trading\/2008\/03\/13\/is-the-party-over-for-gold\/"},"modified":"2008-09-05T18:12:29","modified_gmt":"2008-09-05T22:12:29","slug":"is-the-party-over-for-gold","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2008\/03\/is-the-party-over-for-gold\/","title":{"rendered":"Is the party over for gold??"},"content":{"rendered":"

Gold trades over $1,000 an oz. ... now what?<\/span><\/p>\n

\"\"O.K. so the magical $1,000 and ounce for gold has been reached,the bulls are all cheering, so where do we go from here?<\/span><\/p>\n

Is the party just beginning or it it almost over?<\/span><\/p>\n

From a technical perspective the trend for gold remain firmly in the hands of the bulls.<\/span><\/p>\n

The bull market for Gold is now seven years old and by most accounts that is pretty old as far as bull markets go.<\/span><\/p>\n

\"\"<\/span><\/div>\n


\nHere are the levels we would watch on the upside: $1,050 and 1,100. That represent another 5 or possibly 10 percent move from current levels. The caveat has to be we are at all time highs in dollar terms and a great deal of the upward move in gold has come about because of the declining dollar.<\/span><\/p>\n

Our \"Trade Triangle\" signals have been doing extremely well in the gold market this quarter. In fact you can see our Q3 '07<\/a> and Q4 '07 trading results<\/a> here. <\/span><\/p>\n

Our last trend signal to be long gold based on our \"Trade Triangle\" signals <\/a>was on 12\/26\/07 at $817.10. See Chart. This week we are protecting our long positions with a stop at $964.70. This stop is adjusted every day to meet market conditions.<\/span><\/p>\n

\"\"<\/span><\/div>\n


\nYou might also want to watch a short video titled 90 second gold.<\/a> In this 90 second video,<\/a> I told you it was a short, you will see exactly how we approach the gold market.<\/span><\/p>\n

Every success in the yellow metal.<\/span><\/p>\n

\"\"
\nAdam Hewison<\/a>
\nPresident, INO.com<\/a><\/span><\/p>\n

P.S. Don't forget to vote in our latest poll. Thanks.
\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold trades over $1,000 an oz. ... now what? O.K. so the magical $1,000 and ounce for gold has been reached,the bulls are all cheering, so where do we go from here? Is the party just beginning or it it almost over? 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